Alibaba Flops in Accounting for Acquisition Binge

Alibaba's Alibaba Pictures Will Delay Earnings Report

Alibaba Group Holding's acquisition binge has at times felt like an indulgent bachelor party before the company gets hitched to U.S. investors. Now its antics threaten to cast a pall over the wedding.

With spectacularly bad timing, Alibaba Pictures, a film studio acquired by the Chinese e-commerce giant earlier this year, said Friday it will delay its first-half earnings report due to possible accounting issues. The disclosure comes...